PPP Loan information for Rotor clip company, inc.

$4,700,000

Rotor clip company, inc. was initially approved for PPP Loan of amount $4,700,000, the current approved amount is $4,700,000. The loan was approved on 04/14/2020 by The Peapack-Gladstone Bank reported 271 jobs and $4,700,000 was used to fund payroll.

Rotor clip company, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / SOMERSET / Rotor clip company, inc.

ROTOR CLIP COMPANY, INC.

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ROTOR CLIP COMPANY, INC.

Borrower Address

187 Davidson Ave

Borrower City

SOMERSET

Borrower State

NJ

Borrower Zip

08873-4117

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4700000.00

Current Approval Amount

4700000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43251

Servicing Lender Name

Peapack-Gladstone Bank

Servicing Lender Address

500 Hills Dr, Ste 300

Servicing Lender City

BEDMINSTER

Servicing Lender State

NJ

Servicing Lender Zip

07921-1538

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

SOMERSET

Project State

NJ

Project Zip

08873-4117

CD

NJ-12

Jobs Reported

271

NAICS Code

326130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

4700000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

43251

Originating Lender

Peapack-Gladstone Bank

Originating Lender City

BEDMINSTER

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4753695.89

Forgiveness Date

06/09/2021

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